The owners of restaurants in Newbury and Reading have snapped up the award-winning Gilby's restaurant in Cardiff.
The two AA-rosette restaurant, which is housed in an 18th-century converted barn and majors on seafood-influenced dishes, has won many accolades, including AA Restaurant of the Year 2006 for Wales and a Michelin Bib Gourmand rating for three consecutive years.
It is located in Culverhouse Cross to the west of the city centre and borders a 20-acre site on which ITV Wales hopes to build its Wales Media Park.
The restaurant can seat 110 diners inside and another 30 outside. Owners' accommodation to the rear includes a galleried bedroom, bathroom and kitchen.
The Bristol office of Christie + Co sold the lease off an advertised asking price of £295,000.
By Angela Frewin